Argentina defaults and its stocks ...rise? By: CNBC.com News July 31, 2014 at 01:23 AM EDT Usually a sovereign default is negative for a country's markets, but Argentina shares rallied to 20-year highs despite its second default in 13 years. Read More >> Related Stocks: Banco Macro S.A. ADR MSCI Inc Thomson Reuters Corporation Twitter, Inc. Ypf Sociedad Anonima ADR